Wednesday, May 25, 2011

China plans nuclear plant in Uganda

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China wants to help build nuclear power generation in East Africa, uranium mining and investment company IBI Corp said in a statement after meeting Chinese officials in Beijing. Although the company did not name the country where the plant will be built, sources say the facility will be built in Uganda where IBI has uranium-prospective land.

IBI has expansive land in Mubende with possible uranium potential. The company recently expanded its exploration area by approximately 782 square

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